CAP COM to Award Over $75K in Scholarships & Awards

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February 06, 2018
ALBANY, NY — February 2, 2018 — CAP COM Federal Credit Union has opened its 2018 Scholarship and Awards application and nomination period. Each year CAP COM’s charitable giving arm, the CAP COM Cares Foundation, donates over $75,000 in scholarships and awards. Back by popular demand from 2017, CAP COM will also recognize 3 teachers in addition to over 30 student honorees.
 
CAP COM takes pride in awarding a variety of scholarships based on eligibility and interests. The most popular, the $2,500 Memorial Scholarship will be awarded to 24 high school seniors pursuing an undergraduate degree. The $2,000 Art Goedeke Memorial Scholarship, named after a long-time CAP COM FCU Board Member will be awarded to a student studying computer science or information technology, which was a passion of Goedeke’s. The CAP COM Cares Foundation will also acknowledge three educators and six students with the Making a Difference Award to those who go above and behind to help others in the community and their classrooms.
 
“CAP COM’s deep rooted belief in empowering our youth through education, and being part of their greatest achievements, while watching their dreams and goals come to life, is the highest honor for us all. We believe education is the foundation for a better future” said Paula A. Stopera, President/CEO, CAP COM.
 
Students apply for a scholarship by filling out applications and answering an essay question. This year’s Memorial Scholarship question, aimed to encourage the thought leaders of each educational institution states, “Imagine you have the opportunity to walk in the shoes of a local or world leader. Which leader would you choose, and what impact would you like to have during the experience?”
 
The Scholarship Committee receives upwards of 300 submissions per year. Application and nomination forms are available at www.capcomfcu.org/community/scholarships . Deadline for submitting applications is May 1, and winners will be recognized and awarded at CAP COM’s Annual Scholarship & Award breakfast in June.
 
CAP COM Cares Foundation was established by CAP COM Federal Credit Union in 2003 to nurture the community by supporting health and wellness programs; financial literacy and education initiatives; and causes that assist underprivileged families. Since inception, the Foundation has donated over $3.2 million and over 30,000 volunteer hours to hundreds of organizations in the Capital Region. The CAP COM Care Foundation is a 501(c)(3) charitable organization. Tax ID # 54-2071140.
 
CAP COM Federal Credit Union is a member-owned financial institution based in the New York’s Capital Region with more than $1.6 billion in assets and 10 branch locations. The credit union is member-driven and focused on superior service, convenient products and competitive rates that help members save money and make life just a little easier. CAP COM offers all the products and services you’d find at a typical financial institution. Visit www.capcomfcu.org to find out more. Federally insured by the National Credit Union Administration. Equal Housing Lender.
               
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Contact:
Kate Fruscione, Public Information Specialist
kfruscione@capcomfcu.org